Real Estate

There’s One Major Thing Everyone Gets Wrong About Amazon and the Retail Apocalypse

Business Insider – Amazon and the rise of online shopping have been repeatedly blamed for the staggering rate of store closures and bankruptcies disrupting the retail industry in the US.

But e-commerce accounts for only a small fraction of the problems pushing many American retailers to the brink of death, according to Doug Stephens, a retail-industry consultant.

CT at Center of Corporate Relocation Strategy

Hartford Business Journal – Health insurer Aetna’s decision to relocate top-level employees to New York City, while maintaining the bulk of its workforce in Hartford, is part of a nationwide management trend in which companies are increasingly separating their corporate executives from the rest of their workforce.

Possible Aetna HQ Departure Puts New Focus on Cities

Hartford Courant – Aetna’s decision to look beyond Hartford for its headquarters isn’t complicated, experts say: the company wants young, highly educated workers who live in thriving city environments.

At the moment, that isn’t Hartford, which only recently has picked up the pace of adding downtown apartments and other sought-after urban amenities.

“The first thing is that you have to be in a big enough metro area to attract young people,” John Glascock, director of the Center for Real Estate and Urban Economics at the University of Connecticut in Storrs, said. “GE had some problems with top candidates relocating to southern Connecticut.”

Cushman & Wakefield’s Jared Thal Named University of Connecticut Real Estate Alumni of the Year – Cushman & Wakefield announced today that Executive Managing Director Jared Thal was awarded “Alumni of the Year” by the University of Connecticut’s Center for Real Estate and Urban Economic Studies, at the university’s Annual Awards Banquet on Thursday, April 27th, 2017.